Rich Weese
additional benefit from owner financing
I just replied to an idea that Terry Drake had and decided I should follow my reply up with a new thread for more input from others.
We talk a lot about hustling to obtain seller carry back financing. These are har...
Angela Barrere
Number of Bids to Place on Average Before Securing a Property
New to the business, I have read that you have to place a lot of bids in order to snag a good deal. On average, how many bids did you place when you first got started in order to get one accepted... and has that numb...
Julie McCoy
Pros/Cons of originating a note
Hey all! I'm new to this topic, though not at all new to BP; you'll usually find me over on the vacation rental forums. However, I'm looking to begin to diversifying into a more passive asset class, so I intend to b...
Alfred Litton
Discount in Rent for Paying 3 Months in Advance?
Just wondering if any of you all have encountered this. I have an SFH listed for $1100/mo, and I had a would-be renter (via our PM) inquire whether we would be willing to lower the rate to $1000/mo if he were to pay 3...
Steve Tse
Tenant Rent Increase
Hi BP of Boston,
When you consider rent increase, what factors do you base your decision on ? Do you increase the rent by strictly calculating the increases in your insurance, taxes and etc ? or do you try to not go ...
Joanne Green
question about realtor commission, should this bother me?
I am selling my house and I have an accepted offer. My realtor team is mother/son and what happened was my buyer did not have a realtor so he is using the son-- who was on my team-- but is now also the buyer's agent....
Tim Lee
First time cash out refinance
I'm an out of state investor and I have 2 rentals in DFW. In 2022, I'm looking to do a cashout refinance. I purchased one with cash and the other with my HELOC. Since it's my first time doing a cashout refinance, a...
Jared Schaefer
Rental Agreement for On-Site Maintenance Man
My wife and I just purchased our first fourplex and currently have 1 unit vacant. My maintenance guy is interested in renting the vacant unit out for a discount in exchange for maintenance services. Have any of you do...
Colleen Murphy
Confused about compliance issue regarding cash-out refinance
We are working with a lender to get a cash-out financing loan on an investment property that own. But, we were just denied for the loan with the loan officer saying she was, "unable to get the refinance approved throu...
Jack B.
Anyone else waiting to buy once things settle?
Own a 6+ million dollar portfolio currently. Was more until recent price declines. Waiting to buy more once things settle, rates go back down, etc.